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Course code: 000603
School of Business and Management
IOGB003 - Oil and Gas Industry Operations and Markets
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Currently, this course is conducted only in an intracorporate format.
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What this course about?

Dive into the heart of the oil and gas industry with our meticulously designed training programme, tailored to unravel the complexities of one of the world's most pivotal sectors. This comprehensive programme is your gateway to mastering the intricacies of oil and gas operations, markets, and the future of energy. From the fundamental geology that underpins petroleum exploration to the cutting-edge strategies governing today's global energy markets, our curriculum is engineered to equip participants with a robust understanding of the entire value chain.

Embark on a journey through the fascinating landscape of the oil and gas industry, beginning with an insightful overview that lays the groundwork for understanding its global economic and policy impacts. As you progress, delve into the technical depths of upstream fundamentals, drilling, production operations, and midstream essentials, guided by industry experts. Our programme doesn't just stop at the technicalities; it also navigates through the critical arenas of refining processes, project management, and the nuanced dynamics of energy trading and risk management. Each module is designed to build on the last, ensuring a cohesive and comprehensive learning experience.

But our programme offers more than just knowledge; it is a launchpad for innovation and sustainability in the energy sector. The final segments are dedicated to addressing the impact of climate change on the industry and exploring the transition towards renewable energy sources. This forward-thinking approach not only prepares participants for the challenges of today but also equips them with the insights to lead tomorrow's energy transformations.

Ideal for newcomers eager to make their mark, seasoned professionals seeking to deepen their expertise, or policymakers shaping the future of energy, our training programme is a unique opportunity to connect with like-minded individuals, engage with expert instructors, and gain a competitive edge in the rapidly evolving oil and gas industry. Join us to unlock a wealth of knowledge, foster sustainable practices, and propel your career to new heights in the energy sector.

Who is this course for?
- Technical Specialists: Engineers, geologists, petrophysicists, and other technical specialists could enhance their understanding of their own fields and how they fit into the broader industry context, especially through modules focused on specific operations like seismic surveys, drilling processes, and gas treatment.
- Policy Makers and Regulators: Individuals involved in shaping energy policy or regulating the oil and gas industry could gain valuable insights from modules discussing global energy markets, the impact of the industry on global economics, and sustainability issues.
- Environmental Specialists and Sustainability Advocates: Those working on or interested in environmental and sustainability issues within the energy sector could benefit from the program's focus on climate change impacts, renewable energy sources, and the transition to a sustainable energy future.
- Financial Analysts and Investment Professionals: Analysts and professionals in finance or investment who focus on the energy sector could find the modules on refinery economics, project management, and markets, trading, and risk management crucial for making informed decisions.
- Executives and Senior Management: Senior managers and executives could use the program to broaden their perspective on the industry, staying informed about the latest trends, technologies, and policies that could impact their operations and strategic planning.
- Academics and Researchers: Those involved in academic research or teaching in areas related to energy, petroleum engineering, or environmental studies could update and deepen their knowledge, facilitating better research and teaching.
- Project Managers and Engineers: Professionals involved in planning, executing, and managing projects within the oil and gas industry can deepen their understanding of cost estimation, risk management, and the technical aspects of oil and gas operations.
The program's comprehensive scope, covering everything from the basics to complex market analyses and sustainability issues, makes it ideal for a wide range of professionals who wish to deepen their understanding of the oil and gas industry, improve their skill sets, and enhance their careers.
What will you learn?
  • Understand the Global Impact of the Oil and Gas Industry: Participants will gain a deep understanding of how the oil and gas industry influences global economics, politics, and environmental policies. This includes insights into the roles of major organizations like OPEC and the EIA, and how geopolitical and market dynamics shape the industry
  • Master Upstream and Midstream Operations: Delegates will be able to explain the entire upstream process, from exploration and drilling to production and reservoir management. Additionally, they will understand the complexities of midstream operations, including transportation, storage, and the fundamentals of LNG operations
  • Navigate Downstream Processes: Participants will acquire knowledge of refining processes, including physical separation techniques, chemical conversion, and the specifics of various refinery operations. This will enable them to understand how crude oil is transformed into marketable products and the economic factors that influence refining margins
  • Analyse Global Energy Markets: Delegates will learn to analyze petroleum consumption trends, supply dynamics, and the role of global energy markets. They will be equipped to assess the impact of different factors on oil prices and understand the strategies used in trading, including the use of derivatives and futures
  • Implement Effective Project Management: Participants will develop the skills to manage oil and gas projects, including cost estimation, risk analysis, and economic evaluation. They will be able to apply project management principles to ensure projects are delivered on time, within budget, and to the required quality standards
  • Apply Risk Management and Trading Strategies: Delegates will be versed in identifying and managing the risks associated with oil and gas operations and markets. They will understand the mechanisms of crude oil trading, including benchmarks, pricing strategies, and the use of financial instruments
  • Promote Sustainability and Environmental Stewardship: Participants will be able to discuss the impact of the oil and gas industry on the environment and climate change. They will explore renewable energy sources and the industry’s role in the transition to a sustainable energy future, including strategies for reducing carbon footprints and implementing sustainable practices
  • Engage in Practical Application and Analysis: Through a comprehensive project, delegates will demonstrate their ability to apply the concepts and skills learned to real-world challenges in the oil and gas industry. They will analyze current issues, develop strategic solutions, and present their findings, showcasing their readiness to tackle complex industry problems
  • Critical Thinking and Decision Making: Armed with a holistic understanding of the oil and gas value chain and market dynamics, participants will be capable of making informed decisions, employing critical thinking to navigate the complexities of the industry
Course outline
  • Overview of the oil and gas industry's impact on global economics and policy
  • Key concepts and terminology
  • Petroleum geology and the exploration process
  • Seismic surveys and their role in exploration
  • Reservoir characteristics and dynamics
  • Overview of drilling processes, rig components, and wellhead equipment
  • Techniques in well evaluations and completions
  • Management of oil recovery mechanisms and upstream technology advances
  • Fundamentals of gas plants, processing, and LNG operations
  • Pipelines, storage, and transportation logistics
  • Analysis of global petroleum consumption, supply, and energy statistics
  • Understanding the roles of OPEC and EIA in global oil markets
  • Distribution, transmission, and tank farm operations
  • Physical separation techniques and distillation
  • Chemical conversion, blending, and refinery complexity
  • Detailed examination of hydro-treating, catalytic reforming, and other refining processes
  • Refinery margins and economic considerations
  • Hands-on seminar exercise focusing on blending and economic evaluations
  • Inlet separation, dehydration, and dew-point control
  • Amine gas sweetening and physical solvent processes
  • Sulphur recovery processes and gas compression techniques
  • Understanding pipeline gas specifications and quality control
  • Cost estimation and management of oil and gas facilities
  • Economic evaluations, project risk, and uncertainty analysis
  • Crude oil benchmarks, pricing strategies, and trading mechanisms
  • Derivatives, futures, options, and swaps
  • Impact of climate change on the oil and gas industry
  • Renewable energy sources and the transition to a sustainable energy future
Eni
Total
Eni
Endesa
Shell
Chevron
Gas Natural
Iberdrola
Eni
Inpex
Eni
Exonmobile

Training can take place in 4 formats:

  • Self-paced
  • Blended learning
  • Instructor-led online (webinar)
  • Instructor-led offline (classroom)

Description of training formats:

  • Self-paced learning or e-Learning means you can learn in your own time and control the amount of material to consume. There is no need to complete the assignments and take the courses at the same time as other learners.
  • Blended learning or "hybrid learning" means you can combine Self-paced learning or e-Learning with traditional instructor-led classroom or webinar activities. This approach requires physical presence of both teacher and student in physical or virtual (webinars) classrooms or workshops. Webinar is a seminar or presentation that takes place on the internet, allowing participants in different locations to see and hear the presenter, ask questions, and sometimes answer polls.
  • Instructor-led training, or ILT, means that the learning can be delivered in a lecture or classroom format, as an interactive workshop, as a demonstration under the supervision and control of qualified trainer or instructor with the opportunity for learners to practice, or even virtually, using video-conferencing tools.

When forming groups of students, special attention is paid to important criteria - the same level of knowledge and interests among all students of the course, in order to maintain stable group dynamics during training.

Group dynamics is the development of a group in time, which is caused by the interaction of participants with each other and external influence on the group. In other words, these are the stages that the training group goes through in the process of communicating with the coach and among themselves.

The optimal group size for different types of training:

  • Self-paced / E-learning: 1
  • Instructor-led off-line (classroom): 6 – 12
  • Instructor-led on-line (webinar): 6 – 12
  • Blended learning: 6 – 12
  • Workshop: 6 – 12
  • On-the-job: 2 – 4
  • Simulator: 1 – 2

Feedback in the form of assessments and recommendations is given to students during the course of training with the participation of an instructor and is saved in the course card and student profile.

In order to control the quality of the services provided, students can evaluate the quality and training programme. Forms of assessment of the quality of training differ for courses with the participation of an instructor and those that are held in a self-paced format.

For courses with an instructor, start and end dates are indicated. At the same time, it is important to pay attention to the deadlines for passing tests, exams and practical tasks. If the specified deadlines are missed, the student may not be allowed to complete the entire course programme.

A personal account is a space for storing your training preferences, test and exam results, grades on completed training, as well as your individual plan for professional and personal development.

Users of the personal account have access to articles and blogs in specialized areas, as well as the ability to rate the completed training and leave comments under the articles and blogs of our instructors and technical authors

Registered users of a personal account can have various roles, including the role of a student, instructor or content developer. However, for all roles, except for the student role, you will need to go through an additional verification procedure to confirm your qualifications.

Based on the results of training, students are issued a certificate of training. All training certificates fall into three main categories:

  • Certificate of Attendance - students who successfully completed the course but did not pass the tests and exams can apply for a certificate of attendance.
  • Certificate of Completion - students who have successfully completed a course could apply for a Certificate of Completion, this type of certificate is often required for compliance training.
  • Verified Certificate - it is a verified certificate that is issued when students have passed exams under the supervision of a dedicated proctor.

You can always download a copy of your training certificate in PDF format in your personal account.

You will still have access to the course after completing it, provided that your account is active and not compromised and Tecedu is still licensed for the course. So if you want to review specific content in the course after completing it, or do it all over again, you can easily do so. In rare cases, instructors may remove their courses from the Tecedu marketplace, or we may need to remove a course from the platform for legal reasons.

During the training, you may encounter various forms of testing and knowledge testing. The most common assessment methods are:

  • preliminary (base-line assessment) - to determine the current level of knowledge and adapt the personal curriculum
  • intermediate - to check the progress of learning
  • final - to complete training and final assessment of knowledge and skills, can be in the form of a project, testing or practical exam

Travel to the place of full-time training is not included in the cost of training. Accommodation during full-time studies can be included in the full board tuition fees.

While Tecedu is not an accredited institution, we offer skills-based courses taught by real experts in their field, and every approved, paid course features a certificate of completion or attendance to document your accomplishment.

You can preview samples of the training materials and review key information about the course on our website. You can also review feedback and recommendations from students who already completed this course.

We want you to be happy, so almost all purchased courses can be returned within 30 days. If you are not satisfied with the course, you can request a refund, provided the request complies with our return policy.

The 30-day money back policy allows students to receive quality teaching services with minimal risk, we must also protect our teachers from fraud and provide them with a reasonable payment schedule. Payments are sent to instructors after 30 days, so we will not process refund requests received after the refund period.

We reserve the right, in our sole discretion, to limit or deny refund requests in cases where we believe there is refund abuse, including but not limited to the following:

  • A significant portion of the course has been consumed or downloaded by a student before the refund was requested.
  • Multiple refunds have been requested by a student for the same course.
  • Excessive refunds have been requested by a student.
  • Users whose account is blocked or access to courses is disabled due to violation of our Terms and Conditions or the Rules of Trust and Security.
  • We do not grant refunds for any subscription services.
  • These refund restrictions will be enforced to the extent permitted by applicable law.

We accept most international credit and debit cards like Visa, MasterCard, American Express, JCB and Discover. Bank Transfers also may be an option.

Smart Virtual Classroom (open digital / virtual classroom).

Conducting classes is based on the fact that the teacher demonstrates text, drawings, graphics, presentations on an interactive board, while the content appears in the student's electronic notebook. A specially designed digital notepad and pen are used to create and edit text and images that can be redirected to any surface via a projector.

Classes are live streamed online, automatically recorded and published on the Learning Portal, allowing you to save them for reuse anytime, anywhere, on any mobile device. This makes it possible not to miss classes and keep up with classes and keep up with the passage of new material.

Game Based Learning (learning using a virtual game environment)

Real-life training uses the principles of game organization, which allows future professionals to rehearse and hone their skills in a virtual emergency. Learning as a game provides an opportunity to establish a connection between the learning activity and real life.

The technology provides the following learning opportunities:

  • Focused on the needs of the user
  • Instant feedback
  • Independent decision making and choice of actions
  • Better assimilation and memorization of the material
  • Adaptive pace of learning tailored to the individual needs of the student
  • Better transfer of skills learned in a learning situation to real conditions

Basic principles of training:

  • A gradual increase in the level of difficulty in the game;
  • Using a simplified version of a problem situation;
  • Action in a variable gaming environment;
  • The right choice is made through experimentation.

The main advantages of Game Based Learning technology:

  • Low degree of physical risk and liability
  • Motivation to learn while receiving positive emotions from the process;
  • Practice - mirroring the real situation
  • Timely feedback
  • Choice of different playing roles
  • Learning in collaboration
  • Developing your own behavior strategy
Laboratory workshops using remote access technologies

Conducting practical classes online using remote access technologies for presentations, multimedia solutions and virtual reality:

  • Laboratory workshops that simulate the operation of expensive bench equipment in real production
  • Virtual experiment, which is visually indistinguishable from a remote real experiment performed
  • Virtual instruments, which are an exact copy of real instruments
  • Mathematical modeling to clarify the physical characteristics, chemical content of the investigated object or phenomenon.
IOGB003 - Oil and Gas Industry Operations and Markets
Language: English, Russian
Level: Advanced
mail@tecedu.org
+7 747 898 5041
+7 7182 901 933